This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 2-bathroom apartment of 110 m², built in 2004, energy rating C. Located on rua Manuel Moreira Barros, 618, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features a balcony overlooking Arrábida Plaza, providing a vibrant view and outdoor space for relaxation, while its state-of-the-art kitchen boasts brand new appliances for modern living.
The valuation. The asking price of €390,000 is significantly above the fair value of €308,149, resulting in an excessive premium of €81,851 (21.0%). This property is considered overpriced based on current market conditions.
Fair value modelled at €308,149 from the area baseline, adjusted for condition and location. Asking €390,000 sits €81,851 (21.0%) above — overpriced versus fair value.
Asking €390,000 versus the rua Manuel Moreira Barros, 618 area baseline of €289,080 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 77 · Materials 85 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Moreira Barros, 618
Area baseline €289,080 + condition +€9,281 + location +€26,178 = modelled fair value of €308,149 (€2,801/m²), a €81,851 (21.0%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Moreira Barros, 618 | Subject | €390,000 | €3,545 | — | 77 | 74 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,739 | 22.7% | 72 | 73 |
| Santa Marinha e São Pedro da Afurada · 82c871 | Active | €320,000 | €3,333 | 6.0% | 76 | 76 |
| Canidelo · 9374ae | Active | €310,000 | €3,039 | 14.3% | 75 | 73 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 090254 | Active | €530,000 | €4,240 | 19.6% | 78 | 81 |
| Median comp | €317,500 | €3,186 | 10.1% | 76 | 75 |
Long-term rental This property, priced at €390,000, is significantly above its fair value of €308,149, representing a 21.0% gap. With a gross yield of only 3.7%, the investment is not compelling in the context of the suburban family-friendly characteristics of the area. Family rental Given the suburban nature of Santa Marinha e São Pedro da Afurada, this property may attract families seeking long-term accommodation; however, at €390,000, it is still overpriced compared to its fair value of €308,149. The gross yield of 3.7% fails to justify the higher asking price, making it a less attractive option for family rental purposes.
Economic downturn risk A score of 70 in economic stability suggests potential vulnerability to market fluctuations that could impact property values.
